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Government to ‘restructure and reconstitute’ Eskom board

    The minister of Public Enterprises, Pravin Gordhan, has informed the current board at struggling power utility, Eskom, that the government has finalised a review with the board set to be reconstituted and restructured.Energy, Eskom, HeadlineRead More

    Jobs in South Africa that have the best average salaries

      The latest data from Statistics South Africa’s Quarterly Employment Survey (QES) shows which workers in the country’s formal, non-agricultural sectors earn the best average salaries.Finance, Headline, Stats SARead More

      Business closures surged in South Africa in August

        The total number of liquidations in South Africa increased by 44.8% in August 2022 compared with the same period a year ago, new data from Stats South Africa (Stats SA) shows.Business, HeadlineRead More

        The dysfunctional company that’s wrecking South Africa’s economy

          In late June, the coldest part of the Southern Hemisphere winter, the power went out in South Africa. For as many as eight hours a day, right into early July, traffic lights went dark, factories and offices shut down, and meals had to be served cold.Energy, Absa Bank, Goldman Sachs, Headline, Moody’s Investors ServiceRead More

          Hammer blows for consumers in South Africa

            The Western Cape government has joined major metropolitan municipalities in rejecting Eskom’s latest tariff hike application, saying that residents across the country are already under siege, suffering hammer blows on all fronts.Government, HeadlineRead More

            The cost of strike action in South Africa

              South Africa’s work days lost due to strike action rose more than 30-fold in the six months through June compared with the same period a year earlier, driving up wage settlements between labor unions and companies.Energy, Eskom, Headline, Sibanye-StillwaterRead More